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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

Amendments to Guidelines for Interest Subvention Support for Pre- and Post Shipment Export Credit under Export Promotion Mission

16-Jan-2026 | Trade Notice No. 22/2025-26

DGFT has issued a Trade Notice, in reference to DGFT Trade Notice No. 20/2025-26 dated January 2, 2026, regarding amendments to the guidelines for the Interest Subvention for Pre- and Post-Shipment Export Credit under the Export Promotion Mission - Niryat Protsahan. Pursuant to this Trade Notice, DGFT has made certain amendments and insertions to the Guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit. Key changes are outlined below: a. Amendment to Draft Para X.1(b) of the Handbook of Procedure (HBP): Export credit extended by lending institutions in accordance with the Reserve Bank of India's consolidated Directions on Credit Facilities shall qualify for support under this component. b. Insertion of new Para X.3(e): Revised interest subvention rates, as notified from time to time, shall be applicable only to export credit facilities sanctioned on or after the date of such notification. c. Amendment to Draft Para 3(a) of Appendix-A: The determination of interest rates on export credit shall remain at the commercial discretion of lending institutions, subject to compliance with applicable regulatory directions. All other provisions of the Guidelines shall remain unchanged. It is further clarified that for FY 2025-26, the annual ceiling on interest subvention shall apply in full, without any pro-rata adjustment. Kindly refer to the attached document for further details.

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